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Press Release (PressBurner) Jul 30, 2010 - A state-of-the-art new development in Aventura whose architecture resembles the shape of a luxury cruise ship, is following the $200 per Square Foot building sell-out trend that started with the Brickell developments such as Brickell on the River Condo, Mynt, 500 Brickell Condo, Ivy,etc. whose prices were also drastically reduced to be sold-out almost overnight.
In today's ever changing Miami marketplace, when the banks take control of the prices of a given development they reduce the prices drastically. When the prices reach around $200 per Square Foot levels, the whole building sells like magic.
The sell-out of these buildings in Miami is so fast, that if you enter a sales center it looks more like a Public supermarket. The sure sign that the buyers are flocking into their offices is when the sales people no longer answer the phones or do not return messages. Developer sales teams that were starving for three years, are now taking advantage of the opportunity of finally having buyers fight for the chance to buy units at below construction costs and have kept their offices open until close to midnight in many cases.
The next buildings that we think will follow the trend, has to be Infinity at Brickell and Miami Icon Brickell. These two brand new developments have already unofficially reached the "magic number" levels of $ per Square Foot. Be the first buyers to benefit from this one-in-a-life time opportunity by calling me to reserve your new apartment and condos in Miami at the lowest price ever!
Another thing to think about is your family needs when it comes to accommodation. However if you are retired a 2-bedroom condo, which is very easy to maintain, may be the smarter choice.
Once you have decided what kind of home and what sort of experience you want out your purchase, then you need to decide on location. Florida is a big state with lots and lots of very different regions offering totally different types of vacations. By really deliberating on the first two questions asked, the answer to this conundrum should come a little easier.
So you now know what kind of home you want and region you want to look in. Now you need to find a Realtor to help you, as a Buyer, make the right choice and guide you via their local knowledge. How do you do this if you do not live in the area? Personal recommendations are always the best bet. Ask your friends, family and work colleagues. Florida homes and property purchases have been the hottest personal investment for the past years.
Condos in the other two towers have dropped about a third in value. For those interested in living in a great area in the heart of Miami, the Icon Brickell is a good choice, and an opportunity to live in a building that is state of the art.